Senior - Actuary

Overarching skills and experience

1. technical understanding of insurance and risk

• General understanding of the insurance business (incl. risk types depending on the type of insurance)
• Experience in the risk management of insurance companies (incl. Operational risk, risk management cycle)
• Qualitative review/enhancement and monitoring of insurance companies operational risk and risk management framework
• Knowledge of regulatory requirements, in particular Solvency II
• Understanding of 2nd line functions (e.g. risk management function, actuarial function, anti-money laundering function etc.)

2. Skills

• Strong analytical thinking skills
• Modeling experience (e.g. DFA, ResQ, Igloo)
• Technical know-how incl. programming of use cases (e.g. with AI)

3. future-oriented topics

• Knowledge of ESG risks
• Understanding of cyber risks and regulatory requirements such as DORA

4. International business

• Benchmark know-how and, if applicable, experience in international business expansion
• Experience in the design and implementation of governance structures in insurance companies

5. SME experience

• Reading comprehension German or use of translation aids

6. Eligibility

• Prior experience in the risk management team an insurance company.
• Actuarial papers not compulsory.
• Exposure on the Operational Risks, ERM, RAF, ORSA, SII